Chiratae Ventures has committed $10 million to five early-stage companies under its Sonic DeepTech programme, signalling fresh momentum for India’s deep-tech ecosystem. The announcement was made at the firm’s Demo Day in Bengaluru on 6 May, highlighting a focus on AI, enterprise software, cloud infrastructure, and space technology.
Five startups selected in the latest batch
The new cohort features TakeMe2Space, which is developing nanosatellite systems for edge AI computing and Earth observation. CtrlB is building a cloud-native data lake platform aimed at reducing storage and analytics costs for enterprises.
Interact AI has been chosen for its audio-visual AI avatars designed to power customer conversations across channels. SuprSend offers a unified notifications and communication platform that enables companies to manage multi-channel messaging through a single API. The fifth startup remains in stealth and is understood to be creating an AI platform for underserved industries.
Sonic programme aims to speed up startup funding
Launched to streamline capital access for founders, Sonic promises an initial funding decision within 48 hours—an accelerated timeline compared to conventional venture processes. The initiative prioritises startups in AI, climate tech, robotics, defence, quantum technology, and advanced manufacturing, while providing structured support to help scale deep-tech innovation from India.
Beyond capital, the selected startups will gain access to NVIDIA’s Inception programme, which offers AI tools, technical resources, training, and networking. Chiratae is also broadening its investment capacity through its fifth flagship fund, which recently achieved a second close at $150 million.
About Chiratae Ventures
Founded in 2006 by Sudhir Sethi and T.C. Meenakshisundaram, Chiratae Ventures is among India’s largest homegrown venture capital firms, managing more than $1.3 billion in assets. Its portfolio includes notable names such as Flipkart, Lenskart, Policybazaar, and Cult.fit, reflecting a track record across consumer internet, fintech, healthtech, and enterprise software.
